The co-founder of ‘crypto’ token/commodity Ripple wants BTC to shift to a Proof of Stake consensus mechanism, apparently because he believes the hobbled BTC tech is still not hobbled enough.
Judge Sarah Netburn granted a motion to dismiss the SEC request, which would have required Ripple’s Brad Garlinghouse and Chris Larsen to divulge their personal financial records to the court.
The Securities and Exchange Commission is asking the court to stop a motion by Ripple executives to deny it access to their personal financial records.
The U.S. Securities and Exchange Commission wants a federal court to grant it access to the personal finance records of Ripple’s executives.
In a move that echoes the approach of CEO Brad Garlinghouse, also implicated in the court action, Chris Larsen’s representatives set out four arguments for dismissal in a letter to the court.
Ripple has filed its response to the SECs complaints regarding the Ripple (XRP) sale being an unregistered securities offering.